Companies co-founded by Adams adviser named as defendants in ‘money laundering scheme'

NEW YORK — A set of corporate entities co-founded by Frank Carone, New York City Mayor Eric Adams’ trusted political confidante, helped orchestrate a sprawling “money laundering scheme” that ultimately bilked $3.5 million from a major insurance company, according to a new federal lawsuit. The civil lawsuit, filed this month by GEICO in Brooklyn Federal Court, alleges Financial Vision Group LLC and three other similarly named corporate entities co-founded by Carone participated in the illegal scheme by providing the seed money for it. The elaborate conspiracy centered around illegally operating...